Confluence of three bullish indicators:
1. pin bar indicating reversal
2. long-held downward trend line that has been in effect since ~February was 'broken'. The line is now acting as support.
3. bullish pennant
Long term, I see bitcoin going dooooown, but this looks like a short-term uptrend. I suspect many were short since we were up against the long established downward trend line so a short squeeze will result in a BTC upward move.
But hell, I really have no idea at all where this crazy train is going.
1. pin bar indicating reversal
2. long-held downward trend line that has been in effect since ~February was 'broken'. The line is now acting as support.
3. bullish pennant
Long term, I see bitcoin going dooooown, but this looks like a short-term uptrend. I suspect many were short since we were up against the long established downward trend line so a short squeeze will result in a BTC upward move.
But hell, I really have no idea at all where this crazy train is going.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.